5 Transaction Banking Pricing Guide 2014 Applicable for Corporate & Institutional Clients Effective from May 15, 2014
Contents Cash Management: Account Services 2 Cash Management: Payments 5 Cash Management: Collections 7 Cash Management: Liquidity Services 8 Straight2Bank 9 Trade Services 10
Welcome Dear Valued Client, Drawing on over 150 years of experience as a provider of international banking services, and more than 90 years in, Standard Chartered actively drives value in its markets with a clear strategy for growth. Combining in-depth local knowledge with international capability, we offer innovative, award-winning financial products and services in many of the world s fastest growing markets. Transaction Banking is a significant business extending across our network. With systems and people in place to deliver quality services which are consistent, reliable and in line with international standards, we continually work to offer valueadded products, customised solutions and seamless transactions processing for the benefit of our clients. Our clients are at the center of everything we do, and we endeavour to keep them conversant with our product offerings and guidelines. Please find enclosed our latest pricing guide. Standard Chartered is committed to building a sustainable business over the long term and to upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. The bank s heritage and values are expressed in its brand promise Here for good. For more information, please visit: www.standardchartered.com or you may contact our Client Services Group at +84 8 3910 6116 for Ho Chi Minh City and +84 4 3936 8220 for Hanoi. Maxime De Guillebon Head, Transaction Banking,
Account Maintenance Fee (if account is inactive for 12 months ) VND600,000 Cash Management: Account Services VND6 Minimum Average Balance Required USD5,000 VND100 Minimum Balance Charge (if average balance is less than the required minimum balance) VND500,000 VND5 Account closure fee (< 1 year from opening date) VND1,200,000 VND1 Account Services Charges USD VND Account Maintenance Fee (if account is inactive for 12 months ) Manual Electronic Manual Electronic VND600,000 VND600,000 Minimum Average Balance Required USD5,000 or Equivalent VND107,500,000 Minimum Balance Charge (if average balance is less than the required minimum balance) VND500,000 VND500,000 Account closure fee (< 1 year from opening date) VND1,200,000 VND1,200,000 Statement Charges Charges USD VND Manual Electronic Manual Electronic Monthly statements Weekly statements (per month) VND250,000 Free VND250,000 Free Daily statements (per month) VND500,000 Free VND500,000 Free Ad hoc request (per account) VND100,000 Free VND100,000 Free Retrieval of account statements more than one year (per account) VND600,000 VND600,000 Audit confirmation (exclude postage charge, if any) VND400,000 VND400,000 Certificate of balance: Confirmation Letter for all purposes (per account and exclude postage charge, if any) VND500,000 VND500,000 Beneficiary Advice with payment Set-up fee VND1,000,000 Free VND1,000,000 Free Monthly fee VND200,000 Free VND200,000 Free Additional copy of Credit/Debit advice (per copy) VND10,000 10,000 Certification of advice (per advice) VND10,000 10,000 2
Cash Management: Account Services SWIFT Monthly Fee Charges USD VND SWIFT Reporting (MT940/950) - Monthly fee Manual Electronic Manual Electronic VND800,000 VND800,000 MT101 (incoming/outgoing) - Monthly fee VND1,600,000 VND1,600,000 Cash and Cheque Transaction Charges Cash Charges USD VND Manual Electronic Manual Electronic Over-the counter cash deposit (applicable only for same day deposit of VND 10million or more in small denomination of VND50,000 or lower) 0.25% 0.25% Minimum Fee VND120,000 VND120,000 Over-the counter cash withdrawal VND Free Free FCY 0.25% 0.25% Minimum Fee USD6 VND129,000 Cheque Cheque Issuance (by Standard Chartered) Foreign cheque (Exclude postage charge, if any) Outward cheque collections (Other banks' Cheque) Local cheque USD15 VND322,500 USD20 VND430,000 Local cheque USD6 VND129,000 Foreign cheque (Exclude postage charge, if any) 0.20% 0.20% Minimum Fee USD12 VND258,000 Cheque purchase (Subject to availability of credit facility; exclude postage fee, if any) 1% 1% Minimum Fee USD12 VND258,000 3
Cash Management: Account Services Charges USD VND Manual Electronic Manual Electronic Miscellaneous Cheque book (per book of 10 leaves) VND50,000 VND50,000 Stop payment charge (per cheque) VND120,000 VND120,000 Returned cheques Returned by Standard Chartered VND500,000 VND500,000 Returned to Standard Chartered VND250,000 VND250,000 4
Cash Management: Payments Payment Services Charges USD VND Manual Electronic Manual Electronic Domestic Transfers Book Transfers (Account to account transfer within Standard Chartered ) Local payroll payments (LCY) USD1 Free VND21,500 Free low value payment (less than VND500 million) VND50,000 VND25,000 VND50,000 VND25,000 high value payment (=or >VND 500 million) 0.05% 0.04% 0.05% 0.04% Maximum Fee VND1,200,000 VND1,000,000 VND1,200,000 VND1,000,000 Local vendor payment (LCY) low value payment (less than VND500MM) VND50,000 VND25,000 VND50,000 VND25,000 high value payment (=or >VND 500MM) 0.05% 0.04% 0.05% 0.04% Maximum Fee VND1,200,000 VND1,000,000 VND1,200,000 VND1,000,000 Local bank transfer (FCY) (exclude correspondent bank 0.05% 0.04% 0.05% 0.04% charge) Minimum Fee USD6 USD5 VND129,000 VND107,500 Maximum Fee USD60 USD50 VND1,290,000 VND1,075,000 International transfer Outgoing telegraphic transfers (excludes correspondent bank fee, if any and telex fee USD3 or VND64.500) Charge (%) 0.15% 0.15% Minimum Fee USD20 USD20 VND430,000 Maximum Fee USD160 VND3,440,000 Guaranteed waiver up to USD50 of correspondent bank charges for USD payments only (exclude USD3) USD35 VND752,500 VND430,000 5
Cash Management: Payments Charges USD VND Miscellaneous Rejection of payment due to insufficient funds or incorrect info on Beneficiary details Cancellation/amendment of instruction Manual Electronic Manual Electronic VND250,000 VND250,000 Domestic Payment VND250,000 VND250,000 International Payment (excludes correspondent bank charge) VND400,000 VND400,000 6
Cash Management: Collections Collection Services Inward Transfer Charges USD VND Manual Electronic Manual Electronic Incoming Domestic Transfer Free Free Incoming Telegraphic Transfer Free Free Incoming Telegraphic Transfer to client's accounts with other banks Virtual Account USD25 VND537,500 One-time-set up fee VND500,000 VND500,000 Monthly Service Fee VND400,000 VND400,000 Virtual Account Transaction Fee VN20,000 VN20,000 Cash Structured Solution Less than 10 km 0.12% 0.12% Minimum Fee VND1,200,000 VND1,200,000 Maximum Fee VND6,000,000 VND6,000,000 Greater than 10 km 0.13% 0.13% Minimum Fee VND1,300,000 VND1,300,000 Maximum Fee VND7,000,000 VND7,000,000 Cash Deposit 0.10% 0.10% Minimum Fee VND30,000 VND30,000 Maximum Fee VND900,000 VND900,000 7
Cash Management: Liquidity Services Liquidity Management Services Charges USD VND Manual Electronic Manual Electronic Automated account to account transfer within Standard Chartered Bank in One-time-set up fee (per account) VND1,000,000 VND1,000,000 Monthly Service Fee (per Account) VND500,000 VND500,000 Setup Amendment Fee VND500,000 VND500,000 Escrow Services Charges USD VND Manual Electronic Manual Electronic Deal Setup Fee 0.1% 0.1% Minimum Fee VND1,000,000,000 VND1,000,000,000 Minimum Escrow Amount USD5,000,000 or Equivalent VND100,000,000,000 8
Straight2Bank Channel Services Charges Implementation, Training & Installation (including 3 vasco tokens) Monthly Maintenance Fee Additional Vasco Tokens (per token) Additional training (per session) VND1,200,000 VND700,000 VND400,000 VND500,000 9
Trade Services IMPORTS LETTERS OF CREDIT (LC) USD VND LC issuance - LC issuance By Quotation By Quotation - Cable VND1,075,000 VND1,075,000 - Discretionary charges for lengthy LC VND537,500 VND537,500 LC Amendment - Extension of LC validity By Quotation By Quotation Minimum Fee USD50 1,075,000 - Increase in LC value By Quotation By Quotation - Other amendments USD50 VND1,075,000 - Cable VND537,500 VND537,500 Cancellation for un-utilised LC - Cancellation fee waive waive - Cable VND537,500 VND537,500 Import Bills under LC Payment of Import bills - Handling commission 0.20% 0.20% - Cable VND537,500 VND537,500 Usance Import bills - Acceptance of usance drafts By Quotation By Quotation - Cable VND537,500 VND537,500 B/L Endorsement Endorsement commission USD50 VND1,075,000 Other fees (to be applied under import LC) - Discrepancy fee USD100 VND2,150,000 - Reimbursement fee USD50 VND1,075,000 10
Trade Services COLLECTIONS USD VND Import Bills for Collection (DA/DP) Payment of Import bills - Handling commission 0.2% 0.2% Maximum Fee USD200 VND4,300,00 - Cable VND537,500 VND537,500 Non-Payment of Import bills - Handling commission 0.125% 0.125% Minimum Fee USD25 VND537,500 Maximum Fee USD150 VND3,225,000 - Re-presentation upon non-payment / nonacceptance on first presentation USD50 VND1,075,000 Acceptance of usance bills Advice of acceptance USD50 VND1,075,000 Cable VND537,500 VND537,500 Long outstanding bills - Bill not settled/accepted within 1 month after presentation; - Accepted bill not settled within 2 months after maturity date; - Import bills under LC not accepted/settled within 2 months after maturity date Avalisation of Usance Import Bills VND1,075,000 per month VND1,075,000 per month - Avalisation commission By Quotation By Quotation Minimum Fee USD200 VND4,300,000 11
Trade Services SHIPPING GUARANTEE USD VND Issuance fee - Under LC By Quotation By Quotation Minimum Fee USD100 VND2,150,000 - Not under LC By Quotation By Quotation Minimum Fee USD200 VND4,300,000 Maintenance fee (for shipping guarantee not returned for cancellation after 30 days from issuance) USD100 per month, after 1 month unredeemed VND2,150,000 per month, after 1 month unredeemed EXPORTS USD VND LETTERS OF CREDIT (LC) LC/LG Advising Pre-advice fee USD15 VND322,500 Original & Amendment LC/LG Advising USD30 VND645,000 Cable, if any VND537,500 VND537,500 Postage VND107,500 VND107,500 LC Confirmation Confirmation fee (subject to bank and country limit availability) By Quotation By Quotation LC Transfer Full/partial transfer Minimum Fee USD300 VND6,450,000 Transfer fee 0.15% 0.15% Minimum Fee USD100 VND2,150,000 Cable VND1,075,000 VND1,075,000 12
Trade Services Amendment of LC transfer - Amendment - Increase of LC amount - Amendment - Extension of LC validity - Other amendments USD VND 0.125% 0.125% 0.125% 0.125% USD50 flat VND1,075,000 flat - Cable, if any VND537,500 VND537,500 Export bills under LC Negotiation of export bills - Handling commission 0.25% 0.25% - Courier VND1,075,000 VND1,075,000 - Trace cable, if any VND537,500 per tracer VND537,500 per tracer - Negotiation interest By Quotation By Quotation Collection of export bills - Handling commission 0.25% 0.25% - Courier VND1,075,000 VND1,075,000 - Trace cable, if any VND537,500 per tracer VND537,500 per tracer Advice of acceptance of usance draft USD15 VND322,500 COLLECTIONS (DA/DP) USD VND Export bills not under LC Discount of export bills for collection - Handling commission 0.25% 0.25% Maximum Fee USD300 VND6,450,000 - Courier VND1,075,000 VND1,075,000 - Trace cable, if any VND537,500 per tracer VND537,500 per tracer - Discount interest By Quotation By Quotation 13
Trade Services Export bills sent for collection USD VND - Handling commission 0.25% 0.25% Maximum Fee USD300 VND6,450,000 - Courier VND1,075,000 VND1,075,000 - Trace cable, if any VND537,500 per tracer VND537,500 per tracer Others Amendment to collection instructions USD25 VND537,500 Acceptance Advice of usance Draft USD10 VND215,000 TRADE FINANCING USD VND Invoice Financing By Quotation By Quotation Remittance fee - domestic payment - VND - Low value payment (<VND500 million): VND25,000 - High value payment (>=VND 500 million): 0.04%, Max VND1,000,000 0.04%, Min USD5 Max USD50 - Low value payment (<VND500 million): VND25,000 - High value payment (>=VND 500 million): 0.04%, Max VND1,000,000 0.04%, Min VND107,500 Max VND1,075,000 Remittance fee - domestic payment - FCY Remittance fee - overseas payment USD20 VND430,000 Cable charge VND64,500 per payment VND64,500 per payment Pre-shipment Financing By Quotation By Quotation Remittance fee - domestic payment - VND - Low value payment (<VND500 million): VND25,000 - High value payment (>=VND 500 million): 0.04%, Max VND1,000,000 - Low value payment (<VND500 million): VND25,000 - High value payment (>=VND 500 million): 0.04%, Max VND1,000,000 Remittance fee - domestic payment - FCY 0.04%, Min USD5 Max USD50 0.04%, Min VND107,500 Max VND1,075,000 Remittance fee - overseas payment USD20 VND430,000 Cable charge VND64,500 per payment VND64,500 per payment Import Loans By Quotation By Quotation Loans against Trust Receipt By Quotation By Quotation 14
Trade Services SUPPLY CHAIN FINANCE PROGRAMME USD VND Buyer Finance Programme By Quotation By Quotation Supplier Finance Programme By Quotation By Quotation - Handling commission By Quotation By Quotation - Setup fee for S2B By Quotation By Quotation Receivable Services By Quotation By Quotation - Handling commission By Quotation By Quotation GUARANTEE USD VND Guarantee/SBLCL issuance vs. Client limit - Issuance commission By Quotation By Quotation Minimum Fee USD200 VND 4,300,000 - Cable, if any VND1,075,000 VND1,075,000 - Postage, if any Local: VND107,500; Overseas: VND215,000 vs. Counter Indemnity of Other Standard Chartered Bank branch/subsidiaries Local: VND107,500; Overseas: VND215,000 - Issuance commission By Quotation By Quotation - Cable, if any VND1,075,000 VND1,075,000 - Postage, if any Local: VND107,500; Overseas: VND215,000 vs. Counter Indemnity of Other Banks Local: VND107,500; Overseas: VND215,000 - Issuance commission By Quotation By Quotation Minimum Fee USD200 VND 4,300,000 - Cable, if any VND1,075,000 VND1,075,000 - Postage, if any Local: VND107,500; Overseas: VND215,000 Local: VND107,500; Overseas: VND215,000 15
Trade Services Amendment to Guarantee / SBLC USD VND Extension of guarantee/sblc validity same as issuance same as issuance Increase in value same as issuance same as issuance Other amendments USD50 VND1,075,000 Cable, if any VND537,500 VND537,500 Postage, if any Others Local: VND107,500; Overseas: VND215,000 Local: VND107,500; Overseas: VND215,000 Non-standard guarantee text VND2,150,000 VND2,150,000 Vetting translation for the guarantee text extra VND1,075,000 flat extra VND1,075,000 flat Cancellation of unexpired guarantee VND1,075,000 VND1,075,000 Cable, if any VND537,500 VND537,500 Claim handling commission 0.1% 0.1% Confirmation of Guarantee/SBLC issued by our correspondents Minimum Fee USD100 VND2,150,000 Maximum Fee USD1,000 VND21,500,000 By Quotation By Quotation REIMBURSEMENT UNDERTAKING Reimbursement fee, in case Standard Chartered Bank acts as a Reimbursement Bank under an L/C Transfer by SWIFT USD USD150 USD25 VND VND3,225,000 VND537,000 16
Trade Services OTHER GENERAL CHARGES USD VND Aborted transaction handling fees VND1,075,000 VND1,075,000 Fax (on request) Local: VND43,000/page; Overseas: VND107,500/page Local: VND43,000/page; Overseas: VND107,500/page Tracer VND537,500 per tracer VND537,500 per tracer Cable fee Local: VND107,500; Overseas: VND537,500 Local: VND107,500; Overseas: VND537,500 Courier fee VND1,075,000 VND1,075,000 Postage fee Extra copy of documents Investigation services Request for investigation (2 days notice in advance) - Upto three (3) months from transaction date - Over three (3) months from transaction date Request for old advices - Upto two (2) months from transaction date - Over two (2) months from transaction date Local: VND107,500; Overseas: VND215,000 VND43,000 per one extra copy VND107,500 per item VND215,000 per item VND43,000 per page VND107,500 per page Local: VND107,500; Overseas: VND215,000 VND43,000 per one extra copy VND107,500 per item VND215,000 per item VND43,000 per page VND107,500 per page 17
Notes: This Pricing Guide is applicable for Corporate and Institutional Clients of Standard Chartered Bank only. The fees are excluded of 10% VAT and correspondent bank charges unless specified otherwise. The fees and charges specified in this pricing guide are subject to change by Standard Chartered Bank or its subsidiaries without prior notice. The fees in USD are applicable for transactions that are allowed to be charged and quoted in foreign currency within and those in VND are applicable for transaction that are required to be charged in VND only. The fees in other currencies besides VND and USD are based on USD tariff with exchange rate applied by Standard Chartered Bank or its subsidiaries. For details of specialized products, please contact your Relationship Manager or Transaction Banking Sales. This document is issued by SC Group. While all reasonable care has been taken in preparing this document, no responsibility or liability is accepted for any errors of fact, omission or for any opinion expressed herein. You are advised to exercise your own independent judgment (with the advice of your professional advisers as necessary) with respect to the risks and consequences of any matter contained herein. SC Group expressly disclaims any liability and responsibility for any losses arising from any uses to which this document is put and for any errors or omissions in this document. This document contains information that is proprietary to SC Group and should not be circulated to third parties without SC Group s prior written approval. SC Group means Standard Chartered Bank and each of its holding companies, subsidiaries, related corporations, affiliates, representative and branch offices in any jurisdiction.